Medicare will allow pharmaceutical companies to publicly discuss drug price negotiations

Drugmakers had sued the federal government, arguing that the "gag order" violated the First Amendment.

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Nike CEO John Donahoe on how he manages sleep health in a hectic life

Sleep science says we should get seven hours a night. Nike CEO John Donahoe is often too busy for that, but he has a workaround to stay healthy.

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People should stop taking Ozempic Wegovy obesity drugs before surgery doctors group says

Patients taking diabetes and weight loss drugs during anesthesia may be at increased risk of serious complications like nausea and vomiting, the ASA said.

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The first fully A.I.-generated drug enters clinical trials in human patients

This week, generative AI hit a new milestone: The first fully AI-generated drug reached clinical trials in human patients. 

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Hepatitis C cure is not reaching overwhelming majority of patients due to financial barriers

Hepatitis C is often referred to as the silent killer because the initial infection has few to no symptoms.

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Ex-Pfizer employee charged with illegal trading based on unreleased Covid pill trial data

The DOJ said the former employee and his close friend sold their Pfizer call options at "significant profits" totaling more than $350,000.

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CDC recommends RSV vaccines from Pfizer GSK for adults 60 and older

The CDC said the shots from Pfizer and GSK are expected to be available this fall, when RSV – along with Covid and the flu – begins to spread at higher levels. 

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Justice Department charges 78 people with $2.5 billion in health-care fraud

The DOJ said the defendants allegedly defrauded programs used to take care of elderly and disabled people.

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As drugmakers race to develop the next big weight loss pill Eli Lilly may have an edge

For now, Eli Lilly's orforglipron appears to be the top contender in the weight loss pill space due to its strong efficacy data and ease of use.

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Regeneron shares fall after FDA rejects high-dose eye disease treatment

Regeneron said the rejection was "solely due to an ongoing review of inspection findings at a third-party filler."

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OpenAI-powered app from Microsoft is coming to Epic Systems to help save doctors time

Microsoft's Nuance Communications announced its AI-powered clinical notes application is coming to Epic Systems. 

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Don't budget says financial psychologist. Here's why he recommends a 'spending plan' instead

Budgeting helps address areas you need to control but can come across as restrictive. Spending plans offer more freedom.

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Walgreens slashes earnings guidance due to lower consumer spending drop in Covid care demand

CEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment.

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Eli Lilly experimental obesity drug helped patients lose up to 24% of their weight study says

Obese or overweight patients who took Eli Lilly's retatrutide lost 58 pounds on average, the pharmaceutical company said in a mid-stage clinical trial.

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Britain's underfunded National Health Service linked to earlier deaths study says

The U.K. "performs poorly" compared to OECD nations on combatting conditions such as cancer and heart disease, the King's Fund health think tank found.

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Novo Nordisk says high-dose experimental obesity pill leads to 15% weight loss

Novo Nordisk's pill is an oral version of semaglutide, the active ingredient in the Danish company's blockbuster weight loss injections Ozempic and Wegovy.

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Pfizer to end development of experimental obesity pill due to elevated liver enzymes

Pfizer's two pills are part of the same class of obesity drugs as Novo Nordisk's blockbuster weight loss injections Ozempic and Wegovy.

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Former Vice President and presidential candidate Mike Pence calls for tighter federal abortion restrictions but others keep their distance

Republican 2024 presidential hopefuls call for tighter restrictions on access to abortions, though former VP Mike Pence said it's important to "stand with compassion."

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How New York City's sky-high cost of living stacks up to London

New York and London are incredibly similar when it comes to lifestyle and cost of living, but London is slightly more affordable across the board.

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NY Gov. Hochul signs bill to protect abortion providers sending pills into states with bans

The New York legislation could help expand medication abortion access in the U.S. by allowing more patients to end pregnancies without traveling out-of-state.

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Biden to sign executive order expanding access to birth control

Biden's order comes one day shy of the one-year anniversary of the Supreme Court's decision to overturn the landmark ruling Roe v. Wade.

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Neuralink competitor Precision Neuroscience conducts its first clinical study to map human brain signals

Founded in 2021 by a co-founder of Neuralink, Precision Neuroscience is an industry competitor that recently conducted its first-ever in-human clinical study.

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Moderna files for FDA approval of updated Covid vaccine for fall

Moderna said the submission is based on the FDA's recommendation that vaccine makers update their jabs to target omicron subvariant XBB.1.5.

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Pfizer GSK RSV shots for older adults may prevent thousands of hospitalizations CDC analysis says

The CDC analysis suggests the shots will reduce the burden of RSV on hospitals in the fall.

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CDC advisory panel backs use of GSK and Pfizer RSV vaccines in adults 60 and older

The CDC panel's recommendation moves the U.S. closer to making the respiratory syncytial virus shots from Pfizer and GSK available to seniors.

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Pharmaceutical trade group sues Biden administration over Medicare drug price negotiations

PhRMA's lawsuit is the fourth legal challenge to the law after separate suits from Merck, Bristol Myers Squibb and the U.S. Chamber of Commerce.

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GSK says RSV vaccine for older adults provides protection over two seasons

GlaxoSmithKline's new clinical trial results suggest seniors may only need to take the pharmaceutical company's RSV shot every other year.

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Pfizer RSV vaccine for older adults is only slightly less effective after 18 months

Pfizer will present the RSV vaccine results to a CDC advisory committee, which will decide when and how often the shot should be administered in the U.S.

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CEOs do matter when picking stocks. 5 things we look for in a leader and examples from our portfolio

Our goal is to invest in businesses that make money over the long run. That's why we care so much about who is charge.

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Novo Nordisk sues clinics allegedly selling knockoff versions of Ozempic and Wegovy

Danish drugmaker Novo Nordisk initiated federal court lawsuits against medical spas and wellness clinics in New York, Texas, Florida and Tennessee.

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These 3 stocks are troubled but I'm not ready to give up

Johnson & Johnson, Estee Lauder and Danaher are why this business of stock picking and running a portfolio can be so daunting.

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Pfizer Moderna and Novavax gear up for fall Covid vaccine rollout with an important head start

The FDA's strain selection puts Pfizer, Moderna and Novavax on track to deliver updated coronavirus shots in time for the fall.

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Eli Lilly to acquire Dice Therapeutics for $2.4 billion in autoimmune treatment push

Dice is a biopharmaceutical company that uses a proprietary technology platform to develop new oral therapeutic drugs for autoimmune diseases.

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Drugmakers aim to strike down Medicare drug-price negotiations at Supreme Court

The lawsuits are the opening salvo in a historic and potentially decisive battle over Medicare's efforts to bring rising drug prices under control.

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How Palantir is helping hospitals with tasks that used to require spreadsheets and whiteboards

Just two years after development, Palantir for Hospital Operations accounts for around 10% of the company's commercial revenue in the U.S.

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Bristol Myers Squibb sues Biden administration over Medicare drug negotiations

Bristol Myers Squibb said its blood thinner Eliquis will be subject to the negotiations this year. Eliquis is used to prevent blood clots and strokes.

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FDA recommends that updated Covid shots target omicron subvariant XBB.1.5 this fall

The FDA's decision is a win for vaccine makers Pfizer, Moderna and Novavax, which have all been developing versions of their Covid shots to target XBB.1.5.

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FDA advisors raise doubts about seasonal updates to Covid vaccines as with flu shots

The panel's concerns push back against the FDA's proposed shift to annual Covid shots — an approach that vaccine makers like Pfizer are already preparing for.

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FDA advisors recommend that new Covid vaccines target an omicron XBB variant this fall

The FDA advisory panel's recommendation is a win for Covid vaccine makers Pfizer, Moderna and Novavax, which will race to deliver updated shots for the fall.

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Investing Club meeting recap: Booking profits remains the prudent thing to do as Wall Street's rally powers on

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

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House Democrats press Walmart Costco Kroger to sell abortion pill mifepristone

Walmart, Costco, Kroger, Safeway and Health Mart have been silent for months on whether they will get certified to sell mifepristone.

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Ex-PM Boris Johnson deliberately misled UK parliament over parties during Covid committee rules

Former U.K. prime minister Boris Johnson intentionally misled parliament over illegal Covid-19 lockdown parties held during his tenure, a parliamentary committee said Thursday.

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Health insurance stocks slide after UnitedHealth warns more surgeries will drive up medical costs

Shares of UnitedHealth, Humana, Elevance Health and CVS Health all declined, while medical device manufacturers and hospital operators edged higher.

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Covid vaccine maker Novavax sees a pathway to survival but it wont be easy

Cash-strapped Covid vaccine Novavax still faces a nunber of challenges, chiefly competing with Pfizer and Moderna in the U.S. commercial market this fall.

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Illumina acquisition of Grail wins support from GOP lawmakers state AGs as FTC tries to block

The groups argued in the briefs that the FTC overstepped its authority in trying to unwind Illumina's $7.1 billion acquisition of Grail.

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Eli Lilly CEO says Medicare price negotiations could harm drug development

Ricks said the "biggest problem" with the IRA provision stems from a difference in timeline for negotiating prices on two different types of drugs.

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Bernie Sanders vows to oppose NIH nominee until Biden delivers plan to lower drug prices

The Biden administration will not be able to confirm its NIH director pick, Dr. Monica Bertagnolli, without the support of the Vermont independent. 

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New in-ear device promises to predict fainting, help understand dizziness and brain fog

STAT Health announces new in-ear wearable, called STAT, which measures blood flow to the head.

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One million people have lost Medicaid coverage since pandemic protections expired

Many people losing coverage are likely still eligible for Medicaid but did not receive or complete the required paperwork.

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Updated Covid vaccines need to target XBB omicron variants this fall, FDA staff says

Vaccine manufacturers Pfizer, Moderna and Novavax will be expected to update their shots according to the strain the FDA selects for the fall.

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A subsection of tech is set to be worth $1 trillion. But taboos are holding it back

The FemTech sector is set to be worth $1 trillion by 2027, but the "taboo" nature of women's health is one factor preventing the industry from getting funding.

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Illumina announces CEO transition plan as Francis deSouza resigns

Illumina announced its board of directors has accepted the resignation of CEO Francis deSouza Sunday.

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FDA advisors to weigh whether Alzheimer's drug Leqembi should receive full approval

Medicare has promised to broadly cover Leqembi, which costs $26,500 per year, if the FDA grants full approval of the treatment.

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Walmart plans to expand its specialty HIV outreach

Walmart has leaned in to providing specialty care for HIV in communities that are highly affected by the virus.

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Oura launches new social, sleep features as health tracker market continues to grow

Health tracker Oura is launching new features around social sharing and sleep as companies like Apple and Garmin bolster their wearable devices.

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FDA advisors recommend AstraZeneca, Sanofi antibody to protect babies from RSV

If the Food and Drug Administration approves nirsevimab, it will be the first medical intervention available in the U.S. that can protect infants from RSV.

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Air quality alert apps see spike in usage as Canada wildfires burn

Air quality in the U.S. and Europe improved over the last decade thanks to environmental regulations, but record wildfires bring new air pollution concerns.

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Allen Institute teams up with AWS to build first-ever map of the brain

Allen Institute teams up with AWS to build first-ever map of the brain

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Bernie Sanders says price of Alzheimer's treatment is unconscionable, calls on HHS to take action

Sen. Bernie Sanders said the $26,500 annual price for Alzheimer's treatment Leqembi would financially burden on Medicare and increase premiums for seniors.

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Google Cloud is partnering with Mayo Clinic as it tries to expand use of generative A.I. in health care

Mayo Clinic will be using Google Cloud's generative artificial intelligence technology to help doctors and nurses more easily track patient data.

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Lawmakers worry Medicare Alzheimer's plan won't ensure access to new treatments

Lawmakers said Medicare has failed to answer basic questions about how its plan to cover Alzheimer's antibody treatments will work.

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Merck sues Biden administration over Medicare drug price negotiations

In a scathing complaint filed in federal district court, Merck excoriated the Medicare price negotiation process as a "sham" and "tantamount to extortion."

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Moderna and Merck cancer vaccine used with Keytruda reduces risk of deadly skin cancer spreading

Melanoma is responsible for the large majority of skin cancer deaths, according to the American Cancer Society.

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FDA allows temporary import of unapproved Chinese cancer drug to ease U.S. shortage

The FDA has given Qilu Pharmaceutical permission to ship cisplatin to the U.S. to ease a national cancer drug shortage.

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States sue 3M, DuPont over toxic 'forever chemicals' found in drinking water

3M faces a bellwether trial over PFAS, set to begin Monday, that could set the tone for future lawsuits.

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Medicare details plan to cover Alzheimer's treatments

Patients will have to participate in registries that collect real-world data on how the drug works as a condition of coverage.

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FDA considers temporary cancer drug imports from unapproved companies to ease U.S. shortage

Shortages of cisplatin and carboplatin, bedrock cancer treatments, have forced some hospitals to ration the drugs.

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